What Is Stepped-Up Basis on Capital Gains and How Does It Affect the Federal Budget?
The step-up in basis is a provision in tax law that relates to how assets — such as stocks, bonds, or real estate — are valued and taxed after their owner passes away.
Read MoreHow Much Government Spending Goes to Children?
Interest costs on the national debt are expected to rapidly outstrip spending on children in coming years.
Read MoreWhat Are the Economic Costs of Child Poverty?
Child poverty has remained relatively high in the United States for much of the past decade.
Read MoreThe Share of Americans Without Health Insurance in 2023 Remained Low
In 2023, 26 million people were uninsured. While that represents a significant portion of the population, the uninsured rate remained at one of its lowest levels in history.
Read MoreBudget Basics: Medicaid
This budget explainer describes what Medicaid is, how it is financed, and who benefits from it.
Read MoreWhat Is SNAP? An Overview of the Largest Federal Anti-Hunger Program
SNAP is the largest federal program aimed at combating hunger and food insecurity among low-income Americans.
Read MoreWhat Is Site Neutrality and Could It Help Reduce Healthcare Costs?
While the quality of care is often the same in non-hospital versus hospital settings, the prices charged for treatment in hospitals is higher.
Read MoreHow Does the Capital Gains Tax Work Now, and What Are Some Proposed Reforms?
While the capital gains tax affects anyone selling a capital asset, higher-income individuals are typically subject to the tax more so than average Americans.
Read MoreBudget Basics: Medicare
Medicare is an essential health insurance program serving millions of Americans, and a major part of the federal budget and our fiscal outlook.
Read More9 Facts About Social Security and the Need to Strengthen It
Social Security is an essential program for millions of Americans, but it’s at risk if lawmakers fail to take action to reform the program.
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